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(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Traders and investors are debating if the Federal Reserve will cut 25 basis points or 50 basis points when the decision comes at 2pm eastern time. "25 or 50 (basis points), we see a credible case for either. "The Fed is likely to adjust policy by 200 to 250 basis points over the coming year. Garewal also said this rate cut was part of a "normalization" cycle and shared research that yields on the 2-year fall 65 basis points on average after a first Fed cut.
Persons: Jerome Powell, Mark Smith, Wells, stagflation, Smith, Craig Johnson, Piper Sandler, Russell, Johnson, Goldman Sachs, Garewal, Piper Sandler's Johnson, Huntington, Kevin Murphy Organizations: PRO, Worldwide, Traders, Federal Reserve, Advisors, Worldwide Exchange, Blackstone, Mastercard, Visa, Ameris Bancorp, Fed, Ferguson Enterprises
The Athletic explains exactly how the chaos unfolded and why…What happened during the Argentina vs Morocco match? There were wild scenes in the stands, with a number of cups and bottles thrown towards the celebrating Argentina players. (Arnaud Finistre/AFP via Getty Images)A small number of fans wearing Morocco colours ran onto the pitch and were chased by stewards. The official Olympics match blog also stated that the game had ended. Mascherano’s Argentina take on Iraq at the Groupama Stadium in Lyon, while Morocco are back at the Stade Geoffroy-Guichard to face Ukraine.
Persons: Cristian Medina’s, Stade Geoffroy, Guichard, Etienne, Rahimi, Giuliano Simeone, Diego, Medina, Nicolas Otamendi’s, Munir, Bruno Amione, Arnaud Finistre, Tullio M, Glenn Nyberg, Argentina’s Bruno Amione, Javier Mascherano, , , Mascherano, Thiago Almada’s, It’s, Lionel Messi, Insolito, emoji, Enzo Fernandez, , Fernandez, Amelie Oudea, Victoria Villarruel Organizations: Olympic, Stade, Morocco’s, Atletico Madrid, Getty, Olympics, News, FIFA, Olympic Games, Games, Argentina national, Argentina, French Football Federation, Copa America, Colombia, French, Premier League, Chelsea, Ukraine, Allianz Locations: Argentina, Morocco, Saint, Guichard, Medina, AFP, Egypt, Dominican Republic, Puglia, France, Chelsea, Iraq, Lyon, Ukraine, Nice
A 2-0 victory over Hungary sent Germany through to the round of 16, and they got there pretty comfortably. Shaqiri was actually a surprise selection for Switzerland’s second Euro 2024 game against Scotland on Wednesday. Albania, just like against Italy, were ahead and could have pulled off the greatest result in their footballing history. Schar briefly joins the own goals club (Photo: Alex Grimm/Getty Images)Tim SpiersTalking of shocks, do world rankings matter? If the alternative is FIFA executives arbitrarily deciding on seedings among themselves, then it’s probably worth having official rankings.
Persons: Toni Kroos, Antonio Rudiger, Jamal Musiala, Florian Wirtz, Kai Havertz, Ilkay Gundogan, Wirtz, Robert Andrich, Tom Weller, Joshua Kimmich, Leroy Sane, Rudiger, Jonathan Tah, Sam Lee, Xherdan Shaqiri, Shaqiri, Kirill KUDRYAVTSEV, It’s, he’s, Nick Miller, Hysaj, Ante Budimir, Luka Sucic, Berat Djimsiti, Klaus Gjasula, Gjasula, Maximilian Wober, Robin Hranac, Fabian Schar, Scott McTominay’s, Yann Sommer’s, Schar, Alex Grimm, Tim Spiers, Poland —, GABRIEL BOUYS, it’s, Michael Cox What’s, Stefan Matzke – Organizations: England, European Championship, MLS, Albania, Hungary, Musiala, Getty, Sam Lee MLS, Chicago Fire, Scotland, Major League Soccer, Shaqiri, Croatia, Luka, Portugal, UEFA, Scottish, Belgium, Monday, Championship, FIFA, Locations: Denmark, Spain, Italy, Slovenia, Serbia, Germany, Hungary, South America, Scotland, Switzerland, Croatia, Albania, Swiss, Berat Djimsiti …, Czech Republic, Poland, AFP, Israel, Morocco, … Slovenia
Portugal’s blushes were spared as they came from behind to earn victory over the Czech Republic in their opening match at Euro 2024. AdvertisementInstead, it was the Czech Republic who took the lead — with yet another strike from outside the box. They dominated the ball and Czech Republic were happy enough with that, but Portugal never really clicked, despite deploying an admirable fluid system. Martinez’s side also had eight corners in the first half but the steely Czech Republic held firm, frustrating their opponents. Saturday, June 22: Turkey (Dortmund), 5pm BST, noon ETWhat next for Czech Republic?
Persons: Portugal’s blushes, Cristiano Ronaldo —, Lukas Provod’s, Robin Hranac, Ronaldo, Diogo Jota, Francisco Conceicao, Roberto Martinez’s, Tim Spiers, Tom Burrows, Sam Lee, Bernardo Silva, Bruno Fernandes, Martinez, Joao Cancelo, Vitinha, Rafael Leao, Diogo Dalot, Cancelo, Portugal’s, Ruben Dias, Pedro Neto, Conceicao —, Turk Organizations: Portugal, Provo, uga, Port Locations: Czech Republic, Saudi Arabia, Portugal, England, PORTUGAL, Hamburg
Another day at Euro 2024, another trio of goalscoring games — even if the entertainment factor dipped off at points. The Netherlands overcame Poland with a 2-1 win, Denmark were held to a 1-1 draw by Slovenia, while England beat Serbia 1-0. But the goals, a lack of shots in one game and the results don’t tell the whole story of the day. The feel-good moment of the daySunday marked 1,100 days since Christian Eriksen collapsed at Copenhagen’s Parken stadium during a Euro 2020 game against Finland after suffering a cardiac arrest. He’s not fazed by anything, but will be key to England if they want to have a chance of winning Euro 2024.
Persons: We’ve, Christian Eriksen, Eriksen, Morten Boesen, , , Rasmus Hojlund, Jonas Wind, onrushing Eriksen, Erik Janza’s, Damien Meyer, I’ve, ” Carl Anka, Jude Bellingham, Dragan Stojkovic, Stojkovic, Kyle Walker, Kevin C, Cox, Walker, Filip Kostic, Bellingham, “ I’ve, It’s, He’s, Dan Sheldon Man, , Jacob Whitehead, Dan Sheldon, de Jong, Wout Weghorst, Ronald Koeman’s, Michael Cox, Andy Jones Stat, – Jude Bellingham, What’s Organizations: Scotland, Spain, Croatia, Albania, England, Serbia, Finland, Manchester United, Denmark, Slovenia, Getty, Serbia’s, Bellingham, Real Madrid, Poland, Sunday, Local, European, Argentina Locations: Switzerland, Hungary, Italy, Netherlands, Poland, Denmark, Slovenia, Serbia, England, Copenhagen’s, Bellingham, . Bellingham, Hamburg’s, Romania, Ukraine, Belgium, Slovakia, Austria, France
Mark Critchley and Chris Waugh analyse the main talking points from Old Trafford…What does this mean for Manchester United? Mark CritchleyWhat does this mean for Newcastle United? Howe’s side are level on points with Manchester United, but above Ten Hag’s team on goal difference, a factor which could yet prove critical. Newcastle’s season-long away form, which is merely the 15th-best in the Premier League, has held them back throughout the campaign. What next for Newcastle United?
Persons: Newcastle United’s, Premier League Kobbie Mainoo, Anthony Gordon, Rasmus Hojlund, Lewis Hall, Mark Critchley, Chris Waugh, Erik, Mainoo, Oli Scarff, Stu Forster, Newcastle’s, Bruno Fernandes, Antony, Amad’s, Marcus Rashford, Alejandro Garnacho, Gordon, Aaron Wan, Jacob, St James ’ Park, they’ve, I’m, , Eddie Howe, Roberto De Zerbi’s, Eddie Howe’s, Organizations: Old, Manchester United, FA, Manchester City, Brighton, Premier League Kobbie, Newcastle, Arsenal, Getty, Europa League, Premier League, Newcastle United, Chelsea, Bournemouth, Brentford, Sunday, Europa Conference League, Ten, Manchester United’s, Manchester, St James, “ Newcastle, Sunday’s, Gtech Locations: Newcastle, Old Trafford, Europe, Crystal, AFP, Manchester, Brighton, Griffin
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Trade alert: We trimmed some shares of GE Healthcare after shares of the medical equipment maker were up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Powell, Jim Cramer's Organizations: CNBC, Nasdaq, AMD, GE Healthcare, Jim Cramer's Charitable Locations: China
CNN —Stunning goals, refereeing howlers and dramatic comebacks: it was another box office weekend in the Premier League, which helps explain why English top-flight soccer has become such a lucrative and appealing product. All three deals will cover a four-year period starting from the 2025/26 season and will see some changes to the current schedule. In total, TNT Sports will show 52 live matches per season under the new agreement, while Sky Sports will show a minimum of 215 games. “It’s hugely exciting to continue to bring fans exclusive Premier League matches for the next five seasons,” Andrew Georgiou, President and MD, UK & Ireland and WBD Sports Europe, said in a statement. Meanwhile, CEO of Sky Group Dana Strong said: “We are proud of our long history with the Premier League and look forward to delivering more engagement, entertainment, and innovation to the end of the decade.”Like CNN, TNT Sports is owned by Warner Bros.
Persons: , Richard Masters, , ” Andrew Georgiou, Dana Strong Organizations: CNN, Premier League, Sky Sports, TNT Sports, BBC, ” Premier League, & Ireland, WBD Sports, Sky, Warner Bros . Locations: WBD Sports Europe
The Lewiston High School boys soccer team, the Blue Devils, the center of my book “One Goal,” had a 5pm quarterfinal game against Farmington’s Mt. Lewiston, Maine’s second most-populous city, is a place that once saw its best days in the rearview mirror, is a city that has fought hard to find its light. Lewiston is a hardscrabble hockey town that made room for soccer, a place that understands the meaning and worth of community and the work that goes into making a city into home. We all know places like Lewiston, places where everyone is connected in some way, whether through soccer or something else. “I’ve read more than several posts from people that say that Lewiston is a good place to live,” he said.
Persons: Amy Bass, Read, CNN —, , Don Roux, Jason Fuller, Amy Bass Rodney Bedsole, Dan Gish, Edward Little, Mike McGraw, McGraw, Mohammed Gabow, Obed, , ” Gish, Texted, Edward Little’s, Lauren Boebert, “ I’ve Organizations: Manhattanville College, CNN, Lewiston High School, Blue Devils, Farmington’s, Bates College, Lewiston, Geiger Elementary School, Topsham’s Mount Ararat High School, Republican, NRA Locations: Lewiston , Maine, Farmington’s Mt, Maine, Lewiston, Maine’s, Androscoggin, Auburn, Portland . New England, African, Topsham’s, Lewistown
A video address by Fain is scheduled for 2 p.m. EDT (1800 GMT) and will cover substantive bargaining updates, people familiar with the UAW's plans said. In the UAW version, the winner offers richer contract terms, and gets a week without a new strike. Fain's Friday video addresses have become must-see events since he launched coordinated strikes at GM, Ford and Stellantis plants shortly after midnight on Sept. 15. So far, the union has ordered walkouts at five assembly plants and 38 parts depots operated by GM and Stellantis. Last Friday, Fain called off a strike planned at one of Stellantis' assembly plants after the automaker delivered new proposals minutes before the scheduled start of his talk.
Persons: Shawn Fain, Fain, Tesla, Elon, Ford, walkouts, Joe White, Matthew Lewis Organizations: DETROIT, United Auto Workers, Detroit Three, Detroit, Detroit automakers, Facebook, UAW, General Motors, Ford Motor, Chrysler, GM, Ford, Reuters Graphics Reuters, Thomson Locations: Detroit
Klopp expecting 'solid' West Ham to be tricky opponents
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
Sept 22 (Reuters) - West Ham United are one of the Premier League's strongest teams, Liverpool manager Juergen Klopp said on Friday, as he urged his side to be at their very best against last season's Europa Conference League winners. Liverpool are three points ahead in third, but Klopp warned his side not to be complacent against the team managed by veteran boss David Moyes. "There are so many extremely strong opponents, West Ham is one of them," Klopp told a press conference. "With all the other guys they had already, it looks really solid and that makes it really tricky. Klopp had expressed his frustration last week after being handed an early fixture against Wolverhampton Wanderers following the international break.
Persons: Juergen Klopp, Declan Rice, Klopp, David Moyes, David, Moyes, Virgil van Dijk, Angelica Medina, Christian Radnedge Organizations: Ham United, Premier League's, Liverpool, Europa Conference League, West, Wolverhampton Wanderers, Europa League, Dutchman, Thomson Locations: West Ham, Anfield, Liverpool, Mexico
Windows are taped in anticipation of Typhoon Saola at a store in Hong Kong on August 31. In Shenzhen, a high-tech hub bordering Hong Kong, classes have been suspended at all nurseries, kindergartens, primary and secondary schools. Hong Kong residents stock up as Typhoon Saola approaches on August 31. A customer walks past nearly empty shelves at a supermarket as Typhoon Saola approaches Hong Kong on August 31. Hong Kong has canceled 366 flights while some 40 more have experienced a delay, said Yeung Tat-wing, general manager of operation at the Airport Authority Hong Kong.
Persons: Hong Kong, Saola, Tyrone Siu, HKO, Hong, Eric Chan, Mangkhut, , Yeung, Typhoon Talim Organizations: CNN — Schools, Hong, Typhoon, Hong Kong Observatory, Xinhua, Kong’s, Cathay Pacific, Cathay, Airport Authority Locations: Philippines, Hong Kong, Guangdong Province, China, Guangdong, Shenzhen, Macau, New York, JFK, Cathay Pacific, Hong, Airport Authority Hong Kong . Hong Kong
July is National Ice Cream Month, and July 16 is National Ice Cream Day. Here's some of the places with free ice cream and other deals on National Ice Cream Day. Lucky for us, July is National Ice Cream Month, and today is National Ice Cream Day, so there's plenty of deals and discounts on ice cream on offer. Insomnia CookiesInsomnia Cookies is offering a free scoop of ice cream with an in-store purchase or local delivery order, from July 14-16. Van LeeuwenFor any New Yorkers, Van Leeuwen's cofounders and Lead Ice Cream Taster will be handing out free ice cream next week, on July 18, from 4-6pm at their SoHo location.
Persons: Robbins, Uber, Carvel, Leeuwen, Van Leeuwen's cofounders Organizations: Cream, Service, Baskin Locations: Wall, Silicon, DoorDash, order.carvel.com
The Education Department modified student-loan company Nelnet's contract, per SEC documents. The changes included reduced call center hours, contributing to Nelnet laying off 550 employees. It also allows Nelnet to have a higher percentage of borrowers hang up without receiving help. At the end of March, student-loan company Nelnet announced a series of changes to its contract implemented by the Education Department. But it's a critical year for student-loan borrowers, and Nelnet is just one sign that they're facing a rocky road ahead.
The Federal Reserve should weigh up another big interest-rate increase because of recent "speculative lunacy", according to David Rosenberg. "I am starting to wonder if 50 basis points shouldn't be back on the table," the top economist said. "After this recent round of speculative lunacy, I am starting to wonder if 50 basis points tomorrow shouldn't be back on the table," the Rosenberg Research president said on Twitter Tuesday. None of the investors surveyed by CME Group expected the 50-basis-point hike that Rosenberg said the Fed should be considering. The economist didn't elaborate on what he meant by "speculative lunacy" – but he was likely referring to an early-year rally for growth stocks, cryptocurrencies, and meme stocks.
CNN —The polar bear was just a faraway speck in a frozen white expanse. “It’s the price we pay to get unique images,” recounts award-winning French photographer and filmmaker Florian Ledoux. Florian LedouxThe months when the sun just starts to poke through create the perfect palette for a photographer, Ledoux says. Yet these are the days Ledoux lives for. Disney, Netflix or the likes will request a specific shot of a polar bear, such as a successful hunt or a mating scene.
Persons: speck, , Florian Ledoux, Florian Ledoux Ledoux, Ledoux, “ That’s, hasn’t, Florian, Florian Ledoux “ Organizations: CNN, Disney, Nature, Netflix, Oceanographic Magazine Locations: Tromsø, Norway, Longyearbyen, Svalbard
Markets will suffer if investors carry on expecting rate cuts, according to the latest Federal Reserve minutes. Bets on a Fed pivot "would complicate the committee's efforts to restore price stability," the minutes read. Some strategists believe that the central bank is now easing up on its monetary tightening campaign as inflation shows signs of cooling. The benchmark S&P 500 fell 0.3% after the Fed minutes were released at 2PM Eastern Time on Tuesday. Read more: Fed minutes and US jobs data might drive the first major market moves of 2023.
Federal Reserve minutes and US jobs data could fuel the first major market moves of 2023. Here's why the release of December's Fed minutes Wednesday and the latest US jobs report Friday could fuel the first major market moves of the year. US jobs dataIn 2022, the US's white-hot labor market tended to be bad news for investors. "Despite remaining strong in 2022, the labor market is poised to weaken in 2023, as it's a lagging indicator of which medicine takes the longest to cure," Interactive Brokers senior economist José Torres said Monday. That'd represent a decline from November's 263,000 figure – but suggest that the Fed still has some scope to carry on tightening without crushing the jobs market.
By the evening, he was in jail, where he remains - arrested over charges of "rebellion" - and Peru had a new president. Even for politically volatile Peru, it was a dramatic and tense day that has led to deadly protests by Castillo supporters. For Salas, the speech was the final nail in Castillo's political coffin. In the wake of the speech, Castillo's economy minister also resigned, joining the chorus calling his actions a "coup". 'WE WONDERED WHAT HAPPENED'According to Salas and Roberto Sanchez, Castillo's then trade minister, Castillo made the speech seeking to dismiss Congress from his presidential offices.
CNN —Ahead of its World Cup quarterfinal against France, England has a problem to solve. But the 23-year-old has showcased more than just clinical finishing at the World Cup, terrorizing opponents with his phenomenal speed and ability to get behind the defensive line. “I do understand what I need to do and that’s obviously to stop him,” Walker told reporters this week. It will be an intriguing encounter at the Al Bayt Stadium, pitting two of the World Cup highest-scoring teams against each other. I’m sure he’s going to be the best midfielder in the world.”With some of the best players of the tournament going toe-to-toe, this quarterfinal has all the ingredients of a World Cup classic.
Far-right Rep. Paul Gosar deleted a tweet endorsing Trump's call to 'terminate' the Constitution. "Unprecedented fraud requires unprecedented cure," he wrote in the now-deleted tweet. Kevin McCarthy has pledged to let Gosar serve on committees again after he was censured last year. "I support and agree with the former President," Gosar wrote in a since-deleted tweet that included a screenshot of Trump's original post on Truth Social, his proprietary social media website. "Unprecedented fraud requires unprecedented cure."
CNN —Uruguay and Ghana’s quarterfinal meeting at South Africa 2010 is widely viewed as one of the most iconic World Cup matches in history. It was a goal that would have put Ghana into the World Cup semifinal, making it the first African team in history to reach the final four. READ: Belgium knocked out of World Cup after goalless draw with CroatiaLuis Suárez blocks the shot on the line with his hands. “I don’t apologize about that … but the player is gonna miss a penalty,” Suárez told reporters in the buildup to the rematch, per Reuters. READ: Lionel Messi has penalty saved but Argentina progresses to World Cup knockout stages with winAsamoah Gyan is consoled following the penalty shootout defeat in 2010.
Argentina and Lionel Messi face crunch game against Poland
  + stars: | 2022-11-29 | by ( Ben Morse | ) edition.cnn.com   time to read: +5 min
Argentina was stunned by Saudi Arabia in its first game, before getting its campaign back on track with a 2-0 victory over Mexico in which Messi scored the opening goal. Argentina sits second on three points, a point behind Group C leader Poland, knowing a win in its final game against the Polish will assure its progression. Ariel Schalit/APNext up Argentina takes on Poland, and Robert Lewandowski, pictured celebrating scoring his team's second goal during the Group C match between Poland and Saudi Arabia. Andrej Isakovic/AFP/Getty ImagesArgentina faces a Poland team spearheaded by its own iconic striker, Robert Lewandowski, who scored his first World Cup goal last time out against Saudi Arabia. “We are still alive.”Mexico’s hopes are much slimmer, needing to beat Saudi Arabia by at least a three-goal margin, with Poland not losing to Argentina.
CNN —The knockout stage has already arrived for the United States Men’s National Team (USMNT) at the World Cup – nothing less than a win on Tuesday will suffice when it takes on Iran in a winner-takes-all match. In the build-up to the game, Iran state media called for the US to be kicked out of the 2022 World Cup after US Soccer changed Iran’s flag on its social media accounts to show support for the protestors in Iran. In the other Group B match, England looks to seal its almost certain place in the knockout stages against Wales. If England defeats Wales, the USMNT would qualify in second place in the group providing it beats Iran; while if England loses, the USMNT would finish first. Tuesday’s fixturesNetherlands vs Qatar: 10pm ETEcuador vs Senegal: 10pm ETWales vs England: 2pm ETIran vs USA: 2pm ETHow to watchUS: Fox SportsUK: BBC or ITVAustralia: SBSBrazil: SportTVGermany: ARD, ZDF, Deutsche TelekomCanada: Bell MediaSouth Africa: SABC
Fed offers more rate hike clues
  + stars: | 2022-11-23 | by ( Paul R. La Monica | ) edition.cnn.com   time to read: +3 min
At its November 2 meeting the Fed raised rates by three-quarters of a percentage point — its fourth straight hike of such a large magnitude. But Fed chair Jerome Powell suggested at a press conference that the Fed may soon begin to slow the pace of hikes. The minutes from that meeting showed that several other Fed policymakers agreed with Powell’s assessment. The job market remains relatively healthy as well, although the most recent jobless claims figures ticked up from a week ago. But as long as the labor market remains firm and inflation pressures continue to ebb, the Fed will likely pull back on the magnitude of its rate hikes.
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